BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 04, 2013, 08:29:38 PM |
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PenAndPaper
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December 04, 2013, 08:36:37 PM |
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I can read posts in this forum that can support the bubble argument 10 times better. Also it's natural for that guy to think hope that way because he was writing for bitcoin since the price was 10$ and he didn't bought any  |
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cr1776
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Activity: 4032
Merit: 1301
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December 04, 2013, 09:13:40 PM |
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They are right if it is the Time's circulation numbers and influence. |
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Lethn
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Activity: 1540
Merit: 1000
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December 04, 2013, 09:51:09 PM |
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When will people get it? The only thing that's in a bubble is paper money.
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Gabi
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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December 04, 2013, 10:09:12 PM |
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I disagree “What goes up … better doggone well stay up!”
—Morgan Gravitonics,
Company Slogan |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 04, 2013, 10:36:13 PM |
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there were already "bubbles" and there will be. dont worry.
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BitChick
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Activity: 1148
Merit: 1001
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December 05, 2013, 12:32:01 AM |
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The so called "bubbles" seem to be getting smaller.  If the price goes down then goes up higher later is that really a true bubble? I thought real bubbles pop only to never grow again? We have never really had a bubble that popped completely. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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Junko
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Activity: 1512
Merit: 1000
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December 05, 2013, 01:17:56 AM |
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With Bitcoin, it's more like, "What goes down must come up."
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Tirapon
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December 05, 2013, 01:25:43 AM |
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What goes up must come down - unless its going to da moooooon!!
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bryant.coleman
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Activity: 3654
Merit: 1217
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December 05, 2013, 03:41:38 AM |
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Hmm... I don't agree. I think the price will increase further in the coming weeks.
The reason is:
Most of the early bitcoiners have made their share of "profit booking" at $1,000 levels. I don't think that unless the BTC goes above $2.5K we will see any significant selling from this segment.
On the other hand, although the initial enthusiasm from China has waned a bit, I don't think that the demand has dipped significantly.
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BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 05, 2013, 05:18:58 AM |
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The logic of the article is simple: when you are running up a little too fast, you will be very likely to fall hard. We'll see if this 'lemma' can apply to BTC.
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kjlimo
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Activity: 2086
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December 05, 2013, 05:50:41 AM |
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so does what go down must come up?
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BitcoinWalker (OP)
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Activity: 127
Merit: 100
$Gangnam works hard, so you don't have to.
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December 07, 2013, 02:10:39 AM |
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It looks like the market is supporting the analysis of NYTimes.
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PenAndPaper
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December 07, 2013, 04:09:18 AM |
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I guess folks over at nyt are celebrating right now for their precise predictions |
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bryant.coleman
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Activity: 3654
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December 07, 2013, 01:06:13 PM |
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I guess folks over at nyt are celebrating right now for their precise predictions What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours? |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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December 07, 2013, 03:06:54 PM |
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when the price is high - headline.
when the price "crashes" - headline.
in the past and in the future.
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PenAndPaper
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December 07, 2013, 06:23:48 PM |
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I guess folks over at nyt are celebrating right now for their precise predictions What they'll do when Mt Gox break the $1,000 mark again in a few hours? Did they predicted that the crash will only last a few hours? It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days. |
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bryant.coleman
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Activity: 3654
Merit: 1217
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December 08, 2013, 04:42:59 PM |
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It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.
I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC. |
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PenAndPaper
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December 08, 2013, 06:00:17 PM |
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It seems that you predicted it for them and guess what. You are wrong. Nytimes prediction are ridiculous but the same applies to every bullish prediction here as well during the last 2 days.
I don't want to blame the NY Times. But did they predicted that BTC will rise from $15 to $1,000 early this year? My problem is that 99% of the predictions by the so called media experts are bearish in nature. All they want is to scare people away from BTC. Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours" threads don't count  |
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bryant.coleman
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Merit: 1217
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December 09, 2013, 08:19:37 AM |
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Is there anyone at all that predicted that bitcoin will rise for 15$ to 1000$ ? And kids starting "bitcoin will be 1000000000000000000000$ in 2 hours" threads don't count Well... I could find only one link. But I am sure that there are plenty more. |
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